Genuine Parts Co. (GPC) stock: 12-month forecast projects 20.67% potential return%

Genuine Parts Co. [GPC] stock is trading at $141.50, up 2.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GPC shares have gain 1.70% over the last week, with a monthly amount drifted -0.85%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Genuine Parts Co. [NYSE: GPC] stock has seen the most recent analyst activity on October 12, 2023, when UBS initiated its Neutral rating and assigned the stock a price target of $160. Previously, Northcoast started tracking the stock with Buy rating on June 28, 2023, and set its price target to $195. On June 01, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $189 on the stock. Goldman upgraded its rating to a Neutral and increased its price target to $164 on May 02, 2023. Truist upgraded its rating to a Buy but $186 remained the price target by the analyst firm on March 24, 2023. Goldman downgraded its rating to Sell for this stock on December 12, 2022, and upped its price target to $147. In a note dated May 10, 2022, BofA Securities upgraded an Neutral rating on this stock but restated the target price of $133.

Genuine Parts Co. [GPC] stock has fluctuated between $126.35 and $164.45 over the past year. Currently, Wall Street analysts expect the stock to reach $170.75 within the next 12 months. Genuine Parts Co. [NYSE: GPC] shares were valued at $141.50 at the most recent close of the market. An investor can expect a potential return of 20.67% based on the average GPC price forecast.

Analyzing the GPC fundamentals

Genuine Parts Co. [NYSE:GPC] reported sales of 23.16B for the trailing twelve months, which represents a growth of 0.80%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.28 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.85.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 139.64 points at the first support level, and at 137.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 142.49, and for the 2nd resistance point, it is at 143.49.

Ratios To Look Out For

For context, Genuine Parts Co.’s Current Ratio is 1.12. Also, the Quick Ratio is 0.54, while the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 4.34 and price to earnings (TTM) ratio is 16.38.

Transactions by insiders

Recent insider trading involved NEEDHAM WENDY B, Director, that happened on May 21 ’24 when 3000.0 shares were sold. Director, NEEDHAM WENDY B completed a deal on Mar 20 ’24 to sell 3250.0 shares.

Related Posts